VANCOUVER, Nov. 17 /PRNewswire/ -- Capstone Mining Corp. (CS: TSX) today announced that it had realized on its entire investment in Nevada Copper Corp. (NCU: TSX). Capstone recently sold 7,670,031 shares of NCU at an average price of C$4.04 per share for total proceeds of approximately C$31 million. The average cost of the 7,670,031 shares was C$2.54 per share (resulting in an estimated C$11.5 million capital gain).
Forward-Looking Statements
This document may contain "forward-looking information" within the meaning of Canadian securities legislation and "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 (collectively, "forward-looking statements"). These forward-looking statements are made as of the date of this document and Capstone Mining Corp. does not intend, and does not assume any obligation, to update these forward-looking statements, except as required under applicable securities legislation.
Capstone Mining Corp.
CONTACT:
about Capstone, please contact:
Darren Pylot, Vice
Chairman & CEO,Stephen Quin, President
Or Investor Relations'
Jason Howe at (604) 684-8894 or (866) 684-8894
Or e-mail Capstone
at info@capstonemining.com
